Ed Wehmer, along with some friends, started Wintrust over a card table with some beers and cigars. The idea was to open a bank that would be the alternative to the big banks and it became reality in 1991 with the first Wintrust Community Bank location, Lake Forest Bank & Trust. Since May 1998, Ed has served as president and CEO of Wintrust. Today, although he’s passed the title of president on, he continues as CEO and remains involved with the Company’s day-to-day operations and strategic initiatives.
Prior to his current role, Ed served as Wintrust’s president and chief operating officer since the Company’s official formation in 1996, and as president of Lake Forest Bank & Trust before that. Ed is committed to being personally involved with many aspects of the Company’s operation, which is why he serves as advisory director of Wintrust’s main operating subsidiaries. He’s the only board member who is also a manager of the Company, so he’s able to provide valuable insight into management and operations, as well as historic context.
Ed is a certified public accountant and, earlier in his career, spent seven years with the accounting firm, Ernst & Young LLP, specializing in the banking field, particularly in the area of bank mergers and acquisitions. That background has helped him oversee Wintrust as it’s grown into a company with more than 175 community bank locations and a number of specialized groups and divisions offering specific financial services.
Outside of Wintrust, Ed serves on the board of directors of Stepan Company (NYSE), a chemical manufacturing and distribution company; director of the Catholic Extension Society; chair of Northwestern Memorial Hospital Foundation; on the audit committee of Northwestern Memorial Health Care; as a trustee for Ann & Robert H. Lurie Children’s Hospital and Foundation; and vice chairman of the finance board of the Archdiocese of Chicago.
What is Edward J. Wehmer's net worth?
The estimated net worth of Edward J. Wehmer is at least $17.57 million as of March 5th, 2024. Mr. Wehmer owns 177,124 shares of Wintrust Financial stock worth more than $17,565,387 as of April 25th. This net worth estimate does not reflect any other assets that Mr. Wehmer may own. Additionally, Mr. Wehmer receives an annual salary of $3,600,000.00 as CEO at Wintrust Financial. Learn More about Edward J. Wehmer's net worth.
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Has Edward J. Wehmer been buying or selling shares of Wintrust Financial?
Edward J. Wehmer has not been actively trading shares of Wintrust Financial during the last ninety days. Most recently, Edward J. Wehmer sold 9,500 shares of the business's stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $99.36, for a transaction totalling $943,920.00. Following the completion of the sale, the insider now directly owns 177,124 shares of the company's stock, valued at $17,599,040.64. Learn More on Edward J. Wehmer's trading history.
Who are Wintrust Financial's active insiders?
Wintrust Financial's insider roster includes Kathleen Boege (EVP), Timothy Crane (President), H. Hackett, Jr. (Director), Jeffrey Hahnfeld (EVP), Richard Murphy (Vice Chairman), David Stoehr (CFO), Gary Sweeney (Director), Alex Washington, III (Director), and Edward Wehmer (CEO). Learn More on Wintrust Financial's active insiders.
Are insiders buying or selling shares of Wintrust Financial?
In the last twelve months, Wintrust Financial insiders bought shares 2 times. They purchased a total of 1,800 shares worth more than $98,247.00. In the last twelve months, insiders at the bank sold shares 3 times. They sold a total of 10,309 shares worth more than $1,023,730.35. The most recent insider tranaction occured on April, 23rd when EVP Jeffrey D Hahnfeld sold 221 shares worth more than $22,256.91. Insiders at Wintrust Financial own 1.5% of the company.
Learn More about insider trades at Wintrust Financial. Information on this page was last updated on 4/23/2024.
